APM-PMQ VALID EXAM REVIEW - LATEST APM-PMQ STUDY MATERIALS

APM-PMQ Valid Exam Review - Latest APM-PMQ Study Materials

APM-PMQ Valid Exam Review - Latest APM-PMQ Study Materials

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Tags: APM-PMQ Valid Exam Review, Latest APM-PMQ Study Materials, Valid Exam APM-PMQ Blueprint, APM-PMQ Latest Practice Materials, Study APM-PMQ Reference

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APM Project Management Qualification (PMQ) Exam Sample Questions (Q26-Q31):

NEW QUESTION # 26
Structure is the most common temporary structure used to manage projects. This allows the balance of authority between the functional line manager and the project manager. In a permanent structure, allocated tasks will match an individual's capability so may be more repetitive and less varied.

  • A. Functional Structure
  • B. Hybrid Structure
  • C. Matrix Structure
  • D. Projectized Structure

Answer: C

Explanation:
Detailed Explanation:TheMatrix Structureis the correct answer because:
* Balanced Authority:It balances control between project managers and functional managers, making it ideal for temporary structures.
* Project Alignment:Resources are shared across projects and functions for optimal efficiency.
* Permanent Structures:Repetitive tasks align with functional setups, not matrix structures.


NEW QUESTION # 27
You are appointed as project manager on a major project that started several months earlier. The project has many diverse stakeholders, and you discover that a stakeholder communications planhas not been completed.
State two possible negative effects of not having an effective stakeholder communications plan for the project:

Answer:

Explanation:
See the Explanation for both solutions in detail:
Explanation:
* Misaligned stakeholder expectations leading to conflicts or dissatisfaction.
* Delays in decision-making due to lack of timely and accurate communication.
Detailed Explanation:
* Misaligned Stakeholder Expectations:
* Without a clear communication plan, stakeholders may have unrealistic or conflicting expectations about the project's progress, outcomes, or deliverables.
* This can lead to dissatisfaction, loss of trust, and conflicts that derail project progress and require additional time to resolve.
* Delays in Decision-Making:
* A stakeholder communications plan ensures that stakeholders are informed of key decisions, updates, and progress in a timely manner.
* Without it, critical information may not reach the right stakeholders at the right time, causing delays in approvals, problem resolution, or adjustments to the project scope or timeline.
Additional Insights:
* Impact on Project Schedule:A lack of communication increases the likelihood of missed deadlines due to unclear priorities or delayed approvals.
* Impact on Resource Allocation:Stakeholders may not provide necessary resources or support without regular updates, leading to resource shortages or inefficiencies.
* Mitigation:Develop a stakeholder communication plan immediately, including stakeholder mapping, preferred communication channels, and key milestones for updates.


NEW QUESTION # 28
You are leading a large-scale information technology project to migrate your company's data to the latest hardware. The delivery is being led by third-party suppliers, who were not involved in the design phase. The supplier has completed their capacity planning and has raised a potential risk that the current data may exceed the storage capacity of the new hardware purchased.
What type of risk response would you choose to mitigate this risk?

  • A. Tolerate the risk as there may be sufficient storage capacity.
  • B. Transfer the risk to the supplier.
  • C. Use the contingency budget to cover the purchase of additional storage.
  • D. Re-forecast the budget to include the likely additional cost.

Answer: C

Explanation:
Detailed Explanation:The best approach is to use the contingency budget because:
* Defined Risk Response:Contingency budgets are designed to handle identified risks without impacting the project's main budget.
* Stakeholder Agreement:It avoids escalating disputes with suppliers by addressing the issue proactively.
* Unsuitable Options:
* A: Tolerating the risk is impractical when the risk is confirmed.
* B: Re-forecasting creates unnecessary delays and increases costs.
* D: Transferring risk to the supplier could damage partnerships.


NEW QUESTION # 29
Which of the following are not typical responses to risks?
* Complete root cause analysis to understand why the situation has occurred.
* Reduce the probability of the threat occurring or the impact on the project.
* Change objectives or practices to change the cause of the threat so it can no longer occur.
* There are no acceptable or viable approaches to take to avoid or reduce, so the threat and any residual risk must be managed.
* Prepare a risk management plan to document the risk and give it to your sponsor.
* Pass the responsibility for bearing the impact of the threat from one party to another.

  • A. 2 and 6.
  • B. 3 and 4.
  • C. 4 and 5.
  • D. 1 and 5.

Answer: C

Explanation:
Detailed Explanation:
* Preparing a risk management plan (5) is part of risk planning, not a direct response to risks.


NEW QUESTION # 30
You are a project manager taking over a project that's in the definition phase. The project sponsor asks you to prepare for an upcoming budget review as they have concerns regarding the lack of cost control shown by the project to date.
Which of the following actions would best improve the project sponsor's confidence in how you will control costs?

  • A. Create a financial appraisal.
  • B. Create an earned value report.
  • C. Create a work breakdown structure.
  • D. Create a cost breakdown structure.

Answer: D


NEW QUESTION # 31
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